JF Wealth Holdings (HKSE:09636) Cash, Cash Equivalents, Marketable Securities : HK$2,296 Mil (As of Dec. 2023)

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What is JF Wealth Holdings Cash, Cash Equivalents, Marketable Securities?

JF Wealth Holdings's quarterly cash, cash equivalents, marketable securities increased from Dec. 2022 (HK$1,191.19 Mil) to Jun. 2023 (HK$2,393.69 Mil) but then stayed the same from Jun. 2023 (HK$2,393.69 Mil) to Dec. 2023 (HK$2,296.10 Mil).

JF Wealth Holdings's annual cash, cash equivalents, marketable securities increased from Dec. 2021 (HK$1,034.18 Mil) to Dec. 2022 (HK$1,191.19 Mil) and increased from Dec. 2022 (HK$1,191.19 Mil) to Dec. 2023 (HK$2,296.10 Mil).

JF Wealth Holdings Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for JF Wealth Holdings's Cash, Cash Equivalents, Marketable Securities can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

JF Wealth Holdings Cash, Cash Equivalents, Marketable Securities Chart

JF Wealth Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

170.44

491.38

1,034.18

1,191.19

2,296.10

JF Wealth Holdings Semi-Annual Data
	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial			1,034.18	-	1,191.19	2,393.69	2,296.10

JF Wealth Holdings Cash, Cash Equivalents, Marketable Securities Calculation

Cash and cash equivalents are the most liquid assets on the balance sheet. Cash equivalents are assets that are readily convertible into cash, such as money market holdings, short-term government bonds or Treasury bills, marketable securities and commercial paper.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

JF Wealth Holdings (HKSE:09636) Cash, Cash Equivalents, Marketable Securities Explanation

Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

A high number means either:

1) The company has competitive advantage generating lots of cash

2) Just sold a business or bonds (not necessarily good)

A low stockpile of cash usually means poor to mediocre economics.

There are 3 ways to create large cash reserve.

1) Sell new bonds or equity to public

2) Sell business or asset

3) It has an ongoing business generating more cash than it burns (usually means durable competitive advantage)

When a company is suffering a short term problem, Buffett looks at cash or marketable securities to see whether it has the financial strength to ride it out.

Important: Lots of cash and marketable securities + little debt = good chance that the business will sail on through tough times.

Test to see what is creating cash by looking at past 7 yrs of balance sheets. This will reveal how the cash was created.

JF Wealth Holdings Cash, Cash Equivalents, Marketable Securities Related Terms

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JF Wealth Holdings (HKSE:09636) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » JF Wealth Holdings Ltd (HKSE:09636) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

88 Xumin East Road, 3rd-5th Floor, Yintech Finance Center, Qingpu District, Shanghai, CHN

Website

https://jfwealth.investorroom.com

JF Wealth Holdings Ltd is an online investment decision-making solution provider in China with a focus on the online investor content service market. The company offers online investor content services, including online high-end investor education services and online financial literacy education services, and financial information software services to help individual investors to understand the financial market and make investment plans or decisions.

Executives

Lee Cheuk Ho	2201 Interest of corporation controlled by you
Chang Qing Investment Management Company Limited	2101 Beneficial owner
Silver Runner Limited
Tct (bvi) Limited
The Core Trust Company Limited
Coreworth Investments Limited	2101 Beneficial owner
Harmony Creek Investments Limited	2101 Beneficial owner
Chen Ningfeng	2201 Interest of corporation controlled by you
Rich Horizon Investments Limited	2101 Beneficial owner
Embrace Investments Limited	2101 Beneficial owner
Lee Cheuk Ho	2101 Beneficial owner
Chen Wenbin	2201 Interest of corporation controlled by you
Yan Ming	2201 Interest of corporation controlled by you

JF Wealth Holdings (HKSE:09636) Headlines

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